16GB Flash-based iPod Video Player? [Updated]

Barrons reveals a report by Daniel Amir, an analyst with W.R. Hambrecht, who expects NAND flash growth in the first half of 2007.

Driving the sales of the Flash memory are cited to be the rumored Apple iPod Phone in 4GB and 8GB sizes... but also a "16 GB flash-based Apple iPod Video player" which is expected to be seen in the first quarter of 2007.

Multiple reports have suggested a 4GB/8GB iPhone is ramping up for a early 2007 launch, but no information about a 16GB flash-based Video iPod has been previously reported.

The accuracy of Daniel Amir's reports are unknown.
Update: Quote from the research note:

While on the one hand, [the 16GB iPod video] is likely to cannibalize some of the high end NAND flash-based iPod nanos (8GB), we expect this launch to generate a significant amount of interest as consumers begin to shift from MP3 players to Portable Media Players (PMPs).